LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE

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 Lagos Court Jails NOGASA Chair, Fatuyi Phillips 21 Years  for N43.5m Fraud    Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Monday, November 18, 2024, convicted and sentenced Fatuyi Yemi Philips, Chairman, Natural Oil and Gas Suppliers Association of Nigeria, NOGASA, to 21 years imprisonment for N43.5m fraud.   The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on April 5, 2022, arraigned Philips alongside his firm, Oceanview Oil and Gas Limited, on a two-count charge bordering on obtaining money by false pretence to the tune of N43, 502,000.00   Count one reads: "Fatuyi Yemi Philips and Oceanview Oil and Gas Nigeria Limited, on or about the 28th day of September, 2016 at Lagos, within the jurisdiction of this Honourable Court, with intent to defraud, obtained the aggregate sum of N43, 502,000.00 from Elochukwu Okoye and Elebana Unique Ventures Nigeria Limited on behalf of WAPCIL Nigeria Limited under the false rep
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SPACE SCIENCE CRITICAL TO TECHNOLOGY ADVANCEMENT- MINISTER. (PHOTO).

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Space Science Critical To Technological Advancement– Minister

The Minister of Innovation, Science, and Technology, Chief Uche Nnaji, says space, science, and technology is crucial to achieving the ‘Renewed Hope Agenda’ of President Bola Tinubu’s administration.

Nnaji stated this during his maiden visit and facility tour of the National Space Research and Development Agency (NASRDA) in Abuja.

The minister said the space agency has a strategic role in harnessing space, science and technology for national development and technological advancement.

According to him, the giant strides achieved by the space agency resonated both in the country and in the diaspora and positioned the country as a key player in space exploration and research.

He further stated that his visit to the space agency was to ensure he got information that would be critical in decision-making towards the attainment of his set objectives.

The minister commended the leadership of the agency for the successes recorded and the proactive efforts towards sourcing alternative funding through the commercialization of research products and public-private partnerships.

Earlier, Dr. Halilu Shaba, the Director-General of NASRDA, appreciated the minister, saying the visit is a testament to the importance placed on the strategic role of science, innovation and technology in shaping the future.

Dr. Shaba acknowledged the minister’s visionary leadership style, adding that NASRDA will maximise his wealth of expertise and passion to advance Nigeria’s space programmes.

He, however, assured that the agency would consistently strive to push the boundaries of space exploration and satellite technology for the betterment of the nation.

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